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OIL SLIPS $5 AS US, IRAN SEEN MOVING CLOSER TO PEACE DEAL
Oil prices dropped by more than $5 on Monday, reaching their lowest levels in two weeks, after growing optimism that the United States and Iran were making progress toward a possible peace agreement.
- 2 days, 8 hours
TANZANIA AND RWANDA SIGN ENERGY COOPERATION AGREEMENT COVERING POWER TRADE, OIL, GAS AND LNG
Tanzania and Rwanda have signed a new bilateral energy cooperation agreement aimed at strengthening regional energy integration and expanding collaboration across multiple energy sectors.
- 1 week
KENYA TRANSPORT STRIKE OVER FUEL PRICE HIKES CALLED OFF
A nationwide public transport strike in Nairobi over rising fuel prices was suspended on Tuesday after the Kenyan government reached a temporary agreement with associations representing bus and minibus operators.
- 1 week, 1 day
NIGERIA FUEL MARKETERS PUSH BACK ON DANGOTE LAWSUIT OVER IMPORT LICENCES
Fuel marketers in Nigeria have opposed a lawsuit filed by Dangote Petroleum Refinery aimed at cancelling fuel import licences, warning that such a move could threaten fuel supply and weaken competition in Africa’s biggest oil market.
- 1 week, 2 days
DANGOTE FAVOURS KENYA’S MOMBASA OVER TANZANIA’S TANGA FOR EAST AFRICA OIL REFINERY
Nigerian billionaire Aliko Dangote has indicated he now favors Kenya’s Mombasa over Tanzania’s Tanga for a proposed 650,000-barrel-per-day oil refinery estimated at USD 15–17 billion, citing port depth, market size, and the need for protection against cheap fuel imports—less than three weeks after pledging to build the facility in Tanga.
- 1 week, 5 days
ENEOS TO BUY CHEVRON'S STAKE IN SINGAPORE REFINING AND OTHER ASSETS FOR $2.2 BILLION.
Eneos Holdings revealed plans to purchase several downstream energy assets from Chevron in a deal valued at around $2.2 billion. A major part of the agreement involves Chevron’s 50% stake in Singapore Refining Company (SRC), a key refinery operator in Singapore.
- 1 week, 6 days
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